Ford's Earnings Missed Wall Street Estimates -- but Its Stock Didn't Crash. Here's Why.

Core Viewpoint - Ford Motor Company reported a significant loss of $11.1 billion in Q4 2025, primarily due to one-time special items related to its electric vehicle strategy, but adjusted earnings showed a profit of $0.13 per share, which was below Wall Street's expectation of $0.19 per share [1][2][3] Group 1: Earnings Performance - Ford's reported loss was largely attributed to unexpected additional tariff costs of approximately $900 million, which affected its earnings guidance [6][8] - The company's adjusted EBIT for 2025 was revised down to $6.9 billion, missing both Wall Street's and its own guidance of $7 billion [8] Group 2: Market Reaction - Despite the earnings miss, Ford's stock did not decline significantly; it saw a slight increase in after-hours trading and continued to rise modestly the following morning [2][5] - The market's positive reaction is attributed to the understanding that the tariff costs were outside of Ford's control and that the company could absorb these costs without major operational impacts [9]